Secured loans are loans in which the borrower pledges an asset as collateral for the loan, which then becomes the secured debt owed to the creditor, who then gives the loan. Secured loans are normally secured against property.
This entry was posted
on Thursday, April 30th, 2009 at 4:33 pm and is filed under Rss.
You can follow any responses to this entry through the RSS 2.0 feed.
Both comments and pings are currently closed.
